TERRENO REALTY CORP (TRNO) Stock Technical Analysis
NYSE:TRNO - New York Stock Exchange, Inc. - US88146M1018 - REIT - Currency: USD
Overall TRNO gets a technical rating of 1 out of 10. TRNO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
70% of all other stocks performed better in the past year than TRNO.
In the last month TRNO has a been trading in the 54.42 - 60.23 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
TRNO is part of the Diversified REITs industry. There are 129 other stocks in this industry, TRNO did better than 42% of them.
TRNO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TRNO is lagging the market slightly.
TRNO has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
53.59
70.23
When analyzing the support we can see 2 important areas.
- A support zone ranging from 56.96 to 57.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 54.13 to 55.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 58.12 to 59.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 66.94 to 68.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @69.53 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TRNO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TRNO is neutral. |
| ChartMill Relative Strength | 30.22 | NEUTRAL | TRNO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TRNO is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.72 | NEUTRAL | The RSI value for TRNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests TRNO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.04 | NEUTRAL | The Stochastics value for TRNO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for TRNO suggests some volalility. |
| Average Directional Index/ADX (14) | 25.77 | POSITIVE | The high ADX value value for TRNO suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
57.06
+0.49 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.87%
1 Week2.53%
2 Weeks-0.89%
1 Month1.3%
3 Month-15.87%
6 Month-5.89%
12 Month0.85%
2 Year-6.96%
3 Year-6.01%
5 Year11.47%
10 Year180.39%
15 Year216.12%
Volatility
ATR(14)1.33
ATR(20)%2.31%
ATR Inc-19.51%
Range Today1.48
ADR(20)1.14
ADR(20)%2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.22
Mansfield-1.2
10 Day High58.69
10 Day Low54.42
20 Day High60.23
20 Day Low54.42
52 Week High71.63
52 Week Low48.18
CS1 End57.05
CR1 Start58.12
Volume & EV
DER(3)3.89%
DER(5)2.25%
Volume736.40K
Volume Incr-20.1%
Vol(5)726.82K
Vol(50)963.10K